• PACE begins talks about return of Russia to the Assembly

    Even if its delegation returns to the Parliamentary Assembly of the Council of Europe (PACE), Russia is not going to implement the decisions that were previously adopted by the organization, as stated by Representatives of the leadership of the Russian parliament before a meeting of the special committee of the Assembly, Yevropeyskaya Pravda reports.

    “Some resolutions will never be implemented. You must clearly understand this,” said the head of the Federation Council Committee on Foreign …

  • European Union: creation of an Anti-Corruption court is one of the most important reforms for Ukraine

    The European Union considers the creation of the Anti-Corruption Court in Ukraine to be one of the most important reforms for the country, as stated by the head of the Support Group for Ukraine in the European Commission, Peter Wagner, during the international round table "Ukraine: Prospects for 2018."

    "If we talk about what is expected from Ukraine outside the state itself, then we are talking about several agendas. At the moment, the creation of the high Anti-Corruption court is critically …

  • Belarus to strengthen security on its border with Ukraine

    The President of Belarus, Alexander Lukashenko, approved the decision on the Belarusian state border security by the State Border Guard Service in 2018, as reported by BELTA news agency.

     It is reported that the decision on border security was made considering new situation, in particular, strengthening of the external borders of the EU by neighboring States due to the continuing migration crisis and increased terrorism threat levels in Western European countries.  Moreover, the prevention of …

  • Ukrainian National Bank transfers $1 billion of currency reserves under the World Bank’s administration

    The National Bank of Ukraine (NBU) has transferred up to $1 billion of the country’s gold and foreign currency reserves under the management of the World Bank, Interfax-Ukraine reported, citing a statement by the Central Bank’s deputy chairperson Oleg Churiy.

    “Currently part of the gold and foreign currency reserves [of Ukraine] is managed by the World Bank,” the Central Bank’s official said, adding that the World Bank acts as “one of the largest investment managers for central banks,” and as …

  • Ukraine owes the IMF more than 12 billion dollars

    The total debt of Ukraine to the International Monetary Fund is $12.1 billion dollars, said the Deputy Head of the National Bank of Ukraine, Oleg Churiy at a briefing.

    Churiy said, "As of today, there are obligations of the National Bank of Ukraine (NBU) to the International Monetary Fund in the amount of $7.2 billion. There are also obligations of the Ministry of Finance in the amount of $4.9 billion. The total obligations to the IMF amount to $12.1 billion."

    He noted that for today, the …